Business News
Indonesia Exports Frozen Chicken to Singapore Worth IDR 1,012 Billion
PT Malindo Feedmill Tbk has successfully entered the Singaporean market with its frozen whole chicken products. Approximately 1 container of frozen chicken and 1 container of processed products from PT Malindo Food Delight, valued at around USD 65,000 or IDR 1,012 billion (at an exchange rate of IDR 15,573), were…
Belitung Enters UNESCO Global Geopark, KEK Tanjung Kelayang Becomes Investment Hub
The Special Economic Zone (SEZ) is a strategic government policy aimed at accelerating regional development by establishing new economic growth centers to balance development across regions and create employment opportunities. Currently, there are 20 designated SEZs, with a cumulative investment realization of IDR 35.71 trillion or 25% of total investments…
Bekasi Regency Emerges as Top Investment Destination in Indonesia
Bekasi Regency has secured its position as one of the highest-potential investment destinations in Indonesia, particularly in the manufacturing sector. The Acting Regent of Bekasi, Dani Ramdan, attributes this recognition to the region's significant investment levels, making it a standout industrial zone with thousands of companies. With thousands of factories…
Indonesia Aims for $105 Billion Investment by 2024 with Downstreaming Focus
Investment Minister Bahlil Lahadalia emphasizes that achieving Indonesia's investment target of Rp1,650 trillion (approximately USD 105.67 billion) by 2024 hinges on a downstreaming strategy, especially in sectors embracing sustainability principles. This policy aligns with the government's commitment to fostering economic growth surpassing five percent, with a primary focus on downstreaming…
